 "Core sector growth at 9.4% in July, against (-) 7.6% in year-ago period")
The production of eight core industries rose by 9.4 per cent in July against a 7.6 per cent decline in the year-ago month, official data released on Tuesday showed.
The production of coal, natural gas, refinery products, fertilizers, steel, cement and electricity industries increased in July 2021 over the corresponding period of last year, according to the Department for Promotion of Industry and Internal Trade data.
Crude oil production, however, dropped by 3.2 per cent.
Core sectors had recorded a 7.6 per cent decline in output in July 2020 due to the impact of COVID-19-related restrictions.
The infrastructure sectors had expanded by 9.3 per cent in June 2021. For April-July 2021-22, the sectors grew by 21.2 per cent compared to the corresponding period of last financial year.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app